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Sanden (TSE:6444) Cyclically Adjusted Book per Share : 円1,115.97 (As of Dec. 2024)


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What is Sanden Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Sanden's adjusted book value per share for the three months ended in Dec. 2024 was 円203.024. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円1,115.97 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sanden's average Cyclically Adjusted Book Growth Rate was -15.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -7.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sanden was -5.00% per year. The lowest was -10.00% per year. And the median was -7.60% per year.

As of today (2025-05-31), Sanden's current stock price is 円120.00. Sanden's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was 円1,115.97. Sanden's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanden was 1.24. The lowest was 0.10. And the median was 0.19.


Sanden Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sanden's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sanden Cyclically Adjusted Book per Share Chart

Sanden Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,877.28 1,807.86 1,643.14 1,480.16 1,316.18

Sanden Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,262.32 1,216.97 1,163.53 1,115.97 -

Competitive Comparison of Sanden's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Sanden's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sanden's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sanden's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sanden's Cyclically Adjusted PB Ratio falls into.


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Sanden Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sanden's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=203.024/110.7000*110.7000
=203.024

Current CPI (Dec. 2024) = 110.7000.

Sanden Quarterly Data

Book Value per Share CPI Adj_Book
201503 2,553.919 97.900 2,887.833
201506 2,671.964 98.400 3,005.960
201509 2,580.778 98.500 2,900.428
201512 2,465.701 98.100 2,782.397
201603 2,537.724 97.900 2,869.520
201606 2,182.463 98.100 2,462.779
201609 1,893.165 98.000 2,138.504
201612 2,137.608 98.400 2,404.809
201703 1,576.284 98.100 1,778.742
201706 1,637.094 98.500 1,839.861
201709 1,663.445 98.800 1,863.799
201712 1,688.240 99.400 1,880.163
201803 1,633.964 99.200 1,823.385
201806 1,673.923 99.200 1,867.977
201809 1,498.391 99.900 1,660.379
201812 1,458.612 99.700 1,619.542
201903 684.973 99.700 760.547
201906 629.765 99.800 698.547
201909 699.931 100.100 774.050
201912 1,085.233 100.500 1,195.376
202003 747.909 100.300 825.459
202006 482.915 99.900 535.122
202009 345.985 99.900 383.389
202012 260.236 99.300 290.112
202103 -664.517 99.900 -736.357
202106 230.033 99.500 255.926
202109 216.692 100.100 239.638
202112 0.000 100.100 0.000
202203 219.278 101.100 240.100
202206 205.602 101.800 223.577
202209 200.316 103.100 215.082
202212 201.748 104.100 214.539
202303 207.122 104.400 219.621
202306 197.755 105.200 208.094
202309 190.758 106.200 198.841
202312 181.184 106.800 187.800
202403 192.095 107.200 198.367
202406 220.574 108.200 225.670
202409 177.317 108.900 180.248
202412 203.024 110.700 203.024

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Sanden  (TSE:6444) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sanden's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=120.00/1115.97
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sanden was 1.24. The lowest was 0.10. And the median was 0.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sanden Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sanden's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanden Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Kotobuki-cho, Gunma, Isesaki, JPN, 372-8502
Sanden Corp is a Japan-based company that primarily operates through two segments. The company's automotive systems segment manufactures and distributes automotive air conditioning systems and air-conditioner compressors. The commercial store systems segment manufactures and distributes automatic vending machines, commercial freezers, and refrigerated showcases. Sanden Holdings' products are provided to customers including multinational automobile makers, beverage manufacturers, and home users. The company generates the majority of its sales from the Asian market.

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